Private equity fund
From Wikipedia, the free encyclopedia
A fund that buys majority stakes in companies and/or entire business units to restructure its capital, management and organization. Usually the targets are delisted (unless already unlisted), held private and restructured over a period of 3-7 years, and then again listed through an IPO.
Restructuring may be done through leveraged buyouts, venture capital, growth capital, angel investing, mezzanine debt, management share participation programmes and others.
Major investors in this industry include KKR (Kohlberg, Kravis, Roberts & Co.), Bain Capital, Blackstone Group, and Texas Pacific Group.
See Private Equity for more information on private equity funds.
See Private equity firms for a list of active private investment firms.